RHI Magnesita's GBp 551.00 bid tests Vesuvius stock

Published on 10/27/2026 at 13:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The takeover proposal faces its October 27 deadline. Vesuvius stock costs EUR 5.50 on October 27, 2026, with GBP 1.1 billion market value.

Offer terms and company dates

RHI Magnesita's latest approach values Vesuvius at GBp 551.00 on August 27, 2026.
H1 2026 revenue rose to GBP 922.9 million from GBP 907.5 million.
Vesuvius stock was trading at EUR 5.50 at 1:05 p.m. CET at Lang & Schwarz on October 27, 2026.
Vesuvius is scheduled to publish its third-quarter 2026 sales and revenue release on November 4, 2026.

Vesuvius, GB00B82YXW83, Illustration mit AI erstellt.

Vesuvius (ISIN GB00B82YXW83) is facing a takeover deadline tied to RHI Magnesita's GBp 551.00 proposal. The latest approach, received on August 27, 2026, combines cash and new RHI shares, as The Globe and Mail reported. RHI Magnesita had until October 27, 2026, to announce a firm intention to make an offer or walk away.

Offer terms set the frame

The proposal values each Vesuvius share at GBp 551.00 through GBp 470.00 in cash and approximately 0.28 new RHI shares for every 10 Vesuvius shares, according to the same September 29, 2026 report. Vesuvius had previously rejected earlier approaches on valuation and risk grounds, while the board evaluated the latest proposal with advisers.

The offer matters because the cash component sits above the latest London quotation in pence. It also leaves the outcome dependent on a formal offer, rather than treating the August approach as a completed transaction.

What does the offer mean for margins?

Vesuvius entered the bid discussion with a mixed operating picture. In the first half of 2026, revenue rose to GBP 922.9 million from GBP 907.5 million a year earlier, but net income excluding extra items fell to GBP 16.9 million from GBP 30.9 million. The figures were reported by Yahoo Finance. Net margin declined from 3.4 percent to 1.8 percent over the same period, putting profitability alongside takeover terms in the investor calculation.

Next company date

The next dated operating event listed for Vesuvius is a third-quarter 2026 sales and revenue release scheduled for November 4, 2026, according to MarketScreener. That update may give investors a fresh operating reference after the first-half margin compression.

Euro quote stays below the offer

Vesuvius is listed on the London Stock Exchange under ticker VSVS. Its primary-market quote was GBp 454.00 at 12:09 p.m. UTC on October 27, 2026, while the 52-week range was GBp 356.00 to GBp 507.50. The euro quotation gives German investors a separate trading reference.

Vesuvius was trading at EUR 5.50 at Lang & Schwarz on October 27, 2026, at 1:05 p.m. CET. The company had a market capitalization of GBP 1.1 billion as of October 27, 2026. The further course of trading is shown by the continuously updated real-time quote of Vesuvius stock.